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In a world with too much crude oil, seafaring steel monsters rule

Earnings for tankers have jumped to over US$67,000 a day in 2015, the most since at least 2009, says Clarkson


THE most destructive oil crash in a generation is giving shipowners a billion-dollar windfall.

With the Organization of the Petroleum Exporting Countries (Opec) abandoning output limits in a drive for market share, ships that carry as much as two million barrels a trip are...

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